I sold out enough around 11c to cover my initial purchase. But as I said, expensive lesson learned!
Like you I believed the company would continue to increase in value, however MOU after MOU and no actual income and so many missed goals and misguidance from management has led me to believe the company is a joke. CR after CR when promised revenue would be coming in from the first batch to cover the cost, then management exponentially increased their own salaries.
Sure I should have traded this better, but to think the company is not a joke is a joke in itself. If it wasn't, why would the 2 best directors jump ship?
Good luck to you and any holders who still believe, but maybe have a deep dive into the financials and previous promises that have not been kept and delivered over the past two years whilst comparing that to the increase in expenditure; which is something I reflected on shaving this morning.
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I sold out enough around 11c to cover my initial purchase. But...
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